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Senior Transactional Risk Consultant

Company: Alliant
Location: New York
Posted on: June 12, 2021

Job Description:

With a history dating back to 1925, Alliant Insurance Services is one of the nation's leading distributors of diversified insurance products and services. As one of the 10 largest insurance brokerage firms in the U.S., Alliant operates through a national network of offices providing property and casualty, workers' compensation, employee benefits, surety, and financial products and services to clients nationwide.

More information is available on the company's web site at: www.alliant.com.

SUMMARY

This role is the Subject Matter Expert related to Transactional Risk (TR) products for our M&A clients. Responsible for increasing the awareness of an Alliant presence in the TR and M&A markets, and contributing to the growth of the Alliant M&A group. Supports production staff to increase TR placement opportunities and brokerage revenue.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Lead placement of TR insurance products through the preparation of submissions and indication summaries, assisting clients through underwriting process, and other related responsibilities.
  • Assist in prospect opportunities by attending national meetings set by production staff.
  • Collaborate with other TR team members to establish protocols on submissions, policy comments, underwriting, etc.
  • Attend TR, legal, PE oriented, or other M&A industry seminars, conferences, and events.
  • Design and lead branding initiatives to increase awareness of Alliant's TR presence in M&A community through creating marketing material, leading PR initiatives, and hosting educational events.
  • Develop and market new insurance product solutions relevant to private equity community.
  • Develop and maintain relationships with law firms who have created dedicated Rep. & Warranty (RWI) practices or centers of expertise.
  • Conduct internal educational TR webinars.
  • Support claims team in review, negotiation, and settlement of TR claims.
  • Develop and maintain relationships with all key insurance carrier TR underwriters nationally and globally.
  • Develop and maintain an understanding of RWI policies and broking/underwriting process.
  • Develop and execute RWI industry survey.
  • Create database of representative M&A litigation with assistance from internal resources.
  • Create quarterly newsletters or state of market updates and include Alliant activity with relevant statistics.
  • Partner with producers and participate in meetings with 20 - 40 M&A law firms.
  • Attend 10 - 15 private equity new business opportunities annually.
  • Participate in 4 - 6 RWI seminars or webinars annually.
  • Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

Bachelor's degree in Business Administration or equivalent combination of education and experience

Master's Degree in Business Administration or Doctor of Jurisprudence degree preferred

Minimum 5 years of related work experience

SKILLS

Knowledge of M&A market or transaction risk placements

Proficient in Microsoft Office Suite

Strong verbal and written communication skills

Excellent problem solving and time management skills

Strong ability to develop professional relationships

Ability to travel up to 30%

Ability to work collaboratively within a team and to foster teamwork

Ability to prioritize and handle multiple tasks in a demanding work environment

We are proud to provide comprehensive, high quality employee programs to meet employees' needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer.

For immediate consideration for this position, please click on the "Submit Resume" button.

Alliant Insurance Services, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability, protected veteran status or any other protected status.

If you are applying for a job and need a reasonable accommodation for any part of the employment process, please call our Career Center at 1-877-901-9473 and let us know the nature of your request and contact information. #LI-PT1

Keywords: Alliant, New York , Senior Transactional Risk Consultant, Other , New York, New York

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